Advertisement
Advertisement
Cao Li
Senior Correspondent, Business
Cao Li has been working as a journalist focusing on China for two decades, covering a wide range of topics from politics, society and business. She previously worked at the Wall Street Journal and the New York Times in Beijing and Hong Kong.
All six state-owned commercial banks posted moderate profit growth for last year, as non-performing loan ratios declined slightly.
CATL plans to sell up to 220.17 million shares and could raise at least US$5 billion to fund new factories overseas.
Minority shareholders are also expected to support the sale to receive a special bonus of as much as HK$25 a share, they said.
Other speakers include Steve Davis of the Gates Foundation and James Peng from Pony.ai.
Advertisement
Canada’s third-largest pension fund will wind down its operations over the next 18 months, spokesman says.
The firm is seeking trainees for fundamental research and systematic trading, according to a posting on HKCampusRecruitment.
China’s intensely competitive securities sector, with more than 140 firms, has been repeatedly pulled up by regulators, S&P Global says.
The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.
The State Administration of Foreign Exchange entrusts managers in four ‘overseas offices’ to diversify its reserves and maximise returns.
Cheng Hao, the man involved in the rescue of China’s 2015 market crash, runs what is the world’s third largest wealth fund in Hong Kong.
The US$23 billion sale is not final, but needs no Chinese or Hong Kong approval, leaving CK Hutchison to decide whether to proceed, analysts say.
‘We’re not talking small numbers here,’ BNP Paribas executive says.
The search-engine firm last month reported a 2 per cent decline in quarterly revenue and faces intensifying competition in the AI arena.
HKMA unit CMU OmniClear and HKEX sign MOU to enhance the post-trade securities infrastructure of Hong Kong’s capital markets.
Hedge-fund manager makes good on promise to buy ‘everything’ China-related, boosting holdings of Alibaba, JD.com, ETFs.
HKMA to unveil RMB Trade Financing Liquidity Facility on February 28.
DeepSeek’s emergence is a ‘Sputnik moment’ not just for AI, but for China, which is ‘outcompeting the rest of the world’, bank says.
Globally, about 67 per cent of respondents said they would use AI to improve productivity, while 46 per cent would use it to cut headcount.
Gilles Roth says trade should not be fragmented amid tensions in Ukraine and the Middle East.
Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank official says.
Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.
Gross floor area to fall 10 per cent while average selling price seen weakening 5 per cent in 2025, Fitch forecasts.
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
Stock jumps as much as 30 per cent in Hong Kong after a nine-month trading suspension.
The move is seen by some participants as an effort to boost investor confidence in times of uncertainty.
Earlier this month, developer released its first proposal to restructure as much as US$11.6 billion in liabilities.
Smaller banks face more asset quality deterioration in coming years, on top of earnings pressure, Fitch Ratings director says.
Hong Kong has shortcomings in market regulation, transaction costs and corporate governance, liaison office deputy Qi Bin tells Capital Markets Forum.
Current geopolitical environment is the most unfriendly ever, Alibaba co-founder and chairman says.
